Entries by StrategyDriven

Business Performance Assessment Program Warning Flag 1 – Inwardly Focused Performance Assessments

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Often practiced, it can be highly misleading to base the organization’s performance standards relative only to internally identified best practice methods and characteristics. While at times the organization’s performance does represent the highest standard, it is more likely that individual activities are performed more effectively and efficiently by other organizations, particularly those seeking to improve performance in an effort to compete with perceived industry leaders. Top performers recognize this trap and augment their internal search for effective performance with an outward examination of other relevant businesses.

StrategyDriven Diversity and Inclusion Forum

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“Diversity and inclusion exists when members of an organization act in a manner that recognizes and respects individual similarities and differences such that employees feel they and their work are valued and meaningfully contribute to the mission of the organization.” StrategyDriven Contributors Remaining relevant in today’s hyper-competitive business environment requires the full engagement of an organization’s […]

Decision-Making – Evaluating Decision Options, part 1 of 3

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Decision-making often involves trade-offs. Risk aversion suggests that all things being equal, decision-makers will select the option having the lowest risk. But because all things are never quite equal, decision-makers concede items they deem to be of lesser value to items they believe hold greater value with risk being one of the commodities considered.